ADVOKS GLOBAL · KENYA
The Central Bank of Kenya (Mortgage Refinance Companies) Regulations, 2019
10. Board and committees
Edition: 2022-12-31 · In force
10. Board and committees
(1)Every mortgage refinance company shall be managed by a board which shall have at least two thirds of its members being non-executive members.(2)Every board shall constitute at least an audit committee, a credit committee, an assets and liabilities committee and such other committees as shall be necessary for the proper performance of its business.